Knight/Trimark Group, Inc. Message Board

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Non-Tech : Knight/Trimark Group, Inc.

KCG 20.00

0.0%

Aug 17 5:00 PM EST

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To: XBrit who wrote (7027)	1/26/2000 7:56:00 PM
From: Alohal	Read Replies (1) of 10027

My guess is that you are right. The BS analyst report may just have triggered the capitulation that marks a true bottom. I've been wrong before, but I believe what we saw today was the beginning of a shift from individual retail investors into the institutions, which should have a two-fold affect of helping stabilize the stock price going forward and also gain some allies in defending the stock against the kind of "sneak attack" executed today by BS. Either the BS analyst is woefully out of her depth or she has an unknown agenda. It's the unknown agendas that keep the market place interesting (though sometimes not nice!). I added some shares today and will cautiously add more while the pictures slowly becomes less cloudy. The big caveat of course is when and how deep the coming correction will be. My guess is that it will be pretty steep on the NAZ and less so on the Dow. The good news is that with the correction and its attendant volatility trading volumes should be spectacular and thus very good for NITE's bottom line. Even though I don't think there is very much downside left for NITE, one never knows what will happen to a particular stock when correction hysteria ripples through the markets. My guess is that those investors who want to remain in the market will support the share price of those companies which have earning and which actually may benefit from the increased trading. Of particular importance will be the options business, as investors buy more "insurance" for their long positions via options. As always, I'm interested in other folks' comments on this and in their views on both NITE and the general state of the markets. Cheers Alohal

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